Issue 3 2016 - ISSN Print 2009-7417 (Digital Copy online ISSN 2009-7425) THE IRELAND CHINA JOURNAL THE IRELAND CHINA JOURNAL CONNECTING THE CONNECTED IN CHINA AND IRELAND – CONNECTING THE CONNECTED IN CHINA AND IRELAND THE CONNECTED – CONNECTING ICBA Chairperson ISSUE 3 2016 - ISSN PRINT 2009-7417 (DIGITAL COPY ONLINE ISSN 2009-7425) ONLINE ISSN COPY (DIGITAL PRINT 2009-7417 3 2016 - ISSN ISSUE Susan Barrett with An Taoiseach Enda Kenny. NEW CHAIRPERSON ICBA // BANK OF IRELAND CORPORATE TEAM IRELAND SHANGHAI // TOURISM IRELAND CHINA // RICHARD BARRETT’S BARTRA CAPITAL // JOHN HIGGINS AVOLON // DAVE HARMON HUAWEI // MOTORING AND MUCH MORE... BEYOND HONGKONG 21x29.7cm ING.indd 1 13.05.2016 15:38 Collection Villages of ® Chic Outlet Shopping Kildare Village. A member the of *on the recommended retail price © Kildare Village 2014 02/14 Village 2014 02/14 price © Kildare retail *on the recommended like shopping. but better. The finest designer boutiques. All in one place. With up to 60%* off. 7 for all mankind · anya hindmarch · brooks brothers cath kidston · diesel · furla · gerard darel hackett · hobbs · hugo boss · Jack Wills Jaeger · l.k.bennett · links of london l’occitane · louise kennedy · lulu guinness pandora · thomas pink · Wolford and many more KildareVillage.com london dublin paris madrid barcelona milan brussels frankfurt munich suzhou, china Arab Irish Journal.indd 1 25/02/2014 16:26 THE IRELAND CHINA JOURNAL CONNECTING THE CONNECTED IN CHINA AND IRELAND WELCOME would like to welcome you to the 2016 issue of the Ireland China Journal. I This business guide will contribute to strengthening relationships between the business, tourism and cultural communities of our two countries. Publisher Abbeyville Publications Limited We would like to wish Ken Duggan who stepped down as Chairman of The The Ireland China Journal Ireland China Business Association recently, all the very best and many thanks Suite 127 Grange Hill, Baldoyle Ind Park, for all your guidance and assistance in creating The Ireland China Journal. We Baldoyle, Dublin 13, Ireland Tel: +353 (0) 1 806 3000 would like to congratulate Susan Barrett the new Chairperson of The Ireland Fax: +353 (0) 1 806 3001 China Business Association and The Vice Chair High Cooney on their new Int: +353 1 8063000 Email: [email protected] positions and continued success with the association. Web: www.theirelandchinajournal.com We have plenty of good quality content in this issue and would like to thanks all the contributors for the time including Louise Wilson ICBA HQ, Consul ie.linkedin.com/pub/the-ireland-china- journal General Theresa Healy, John Conlon, Le Cheile, Richard Barrett, Maria CEO and Managing Editor McDermott, James Kenny, John Higgins, Chen Tian, Dave Harmon, Peter Clark Dermot Hogan and Stella Gu and all the staff at Shangri La Pudong, all of our advertisers who [email protected] make it possible to produce the Ireland China Journal. Business Development Manager We always welcome comments and criticisms and we encourage this to help Shane Sutton [email protected] improving the publication going forward. Advertising Sales Executive If you have any announcements or events you would like to be featured in Sean Hughes the Ireland China Journal please let me know. [email protected] We return again later in the year, in the meantime enjoy the read. Journalist Lynne Nolan Dermot Hogan Photographer Paul Byrne Editor [email protected] [email protected] 085 826 6339 Member Firm Legal Advisor Peppe Santoro www.venturelaw.ie Accountant David Dunne CFS Ltd [email protected] Graphic Design Rob Lewis www.minx.ie Web Design Eric Hewson www.his.ie The Ireland China Business Association Chairperson Susan Barrett Vice Chair Hugh Cooney Office Manager Disclaimer: All rights reserved. The opinions and views expressed in this publication are not neccessarily those of Louise Wilson Abbeyville Publications Limited, The Ireland China Journal or the Ireland China Business Association. Readers are requested to seek specialist advice before acting on information contained in this publication, which is provided for general Ireland China Business use and may not be appropriate for the readers particular circumstances. While every effort is taken to ensure accuracy of Association the information contained in this publication the Publisher, Abbeyville Publications Limited, or the Ireland China Business 6-9 Trinity Street Association are not liable for any errors and/or omissions contained in this publication. Dublin, Ireland Tel: +353 1 209 1975 Email: [email protected] Web: www.irelandchina.org Copyright: All content and images used in this publication in print and electronic/digital format are owned or licensed by Abbeyville Publications Limited or its affiliates for use in The Ireland China Journal only. Unauthorized use is prohibited. The Ireland China Journal | 1 CONTENTS 01 Welcome Introduction 02 Contents The Ireland China Journal Address from Susan Barrett Chairperson of 04 the Ireland China Business Association Introduction from Hugh Cooney Vice Chair of 09 The Ireland China Business Association 10 Brief of the 2016 Sino Irish Business Seminar Bank of Ireland the gateway to Europe for 12 Chinese Companies 17 News 20 Richard Barrett Delivering value to Investors 22 KYC Headquartered in Dublin James Kenny Heading up Tourism Ireland in 26 China. Team Ireland Shanghai with Consul General 30 Theresa Healy Team Ireland IDA Shanghai with John Conlon Profile The Luxurious Shangri La Pudong 34 Executive Vice President Asia Pacific 50 Hotel Shanghai Le Cheile bringing Irish and Chinese Culture Motoring The New Audi A4 with Mark Gallivan 36 together 54 John Higgins CEO Avolon takes time to speak Book Review by Wang Ronghua 38 with The Ireland China Journal 57 Inteview Dave Harmon VP, Global Public Useful Contacts 44 Affairs Huawei 58 BeSweet Irish Luxury Confectionary taking the Dates for Diary 49 world by storm. 60 www.theirelandchinajournal.com 2 | The Ireland China Journal British Airways British Airways Sweet dreams to Shanghai as British Airways reveals latest route for the Boeing 787-9 British Airways has announced that the new Boeing 787-9 Dreamliner, complete with a new First cabin will start flying to Shanghai from summer 2016. The airline also announced an additional three Narita, Jeddah, Houston, Mumbai, Boston and flights a week between Heathrow and Shanghai Dubai with exact dates being announced in due from February 20, 2016. course. The new flights have been conveniently timed British Airways also operates daily services to to fly overnight so offers a well-timed service for Beijing and three weekly services to Chengdu, business travellers wanting to arrive in back in the latter operated by the 787-8 in a three cabin London in time for meetings. configuration. The Boeing 787-9 Dreamliner is the most www.ba.com technologically advanced in British Airways’ fleet and currently serves Abu Dhabi, Muscat, Delhi and Kuala Lumpur and will operate flights to Austin from February 5 and San Jose from May 4, 2016. The new 787-9s will be rolled out across a number of routes in 2016 including: Newark, 3 | The Ireland China Journal Susan Barrett An Taoiseach Enda Kenny with ICBA Chairperson Susan Barrett Susan Barrett new Chairperson of ICBA talks to The Ireland China Journal. Susan, firstly can you tell me about provided me excellent industry yourself and how you became insights and networking opportunities involved in ICBA? that were of great advantage in I became involved in the Ireland selecting and navigating target sectors. China Business Association whilst Initial membership of the Association researching opportunities in the subsequently evolved to a 2 year term Chinese market. The Association as Vice Chair and now to Chair. 4 | The Ireland China Journal The Ireland China Journal | 5 Susan Barrett H.E. Xu Jianguo, What is the scale of the Association, Chinese Ambassador members, location etc? to Ireland, Susan Since its establishment in 2000, the Barrett ICBA Ireland China Business Association Chairperson and has grown from strength to strength. H.E. Ambassador The Association is now recognised Paul Kavanagh Irish as Ireland’s most respected and Ambassador to China. influential association for individuals and businesses already operating in or seeking entry to the China Market and for our Chinese counterparts wishing to explore business, educational and cultural opportunities in Ireland. Our membership profile is multi sectoral and the range of our members’ professional backgrounds is highly diverse. We are currently campaigning to increase our membership across the board. Membership categories available are Patron, Corporate, Individual and Student. cultural communities. Their combined Can you tell me about your own and diverse contributions to the career background and your economic, cultural and social fabric of leadership style? the Association has led to tremendous A graduate of Trinity College, Dublin, added value for our members. my background led me to a career in sales, marketing and business What have been some of the development spanning the property, highlights in the role since you equestrian, education and tourism started in the position? industries. January 2016 saw both the I am founder and CEO of Select establishment of new ICBA office Ireland, a business consultancy premises at 6-9 Trinity Street, Dublin company focused on the Chinese 2. and the recruitment of a new ICBA market. Select Ireland specializes in administrator, Louise Wilson marking the Business Tourism, Education, a new era for the ICBA. Equestrian, and Immigrant Investor Since then, there have been a number sectors. of highlights and exciting ICBA Sino Irish relations have long held achievements. a deep interest for me and I have also The Ireland China Business sat on the Steering Committee for Association participated in a the Dublin Beijing Twinning and the delegation led by The Ireland Hong Advisory Board of the Dublin City Kong Business Forum in partnership Council Chinese New Year Festival.